Exclusive: Insurer which began operating last year prepares to sell two new products


June 25, Fineko/abc.az. Insurance company Xalq Həyat Sığorta has announced the upcoming sale of two new products in addition to the type of compulsory insurance.

Xalq says that the new products relate to life insurance for those who receive a consumer or mortgage loan. Active sales of these products are planned. In addition, the Company is doing serious work on the sale of voluntary types of insurance.

Currently, XHS, whose authorized capital is AZN 15 million, offers such products as types of compulsory insurance, insurance against accidents at work, insurance against loss of professional capacity as a result of occupational diseases.

The Company was established last November. The owner of 100% of its shares is Xalq Sığorta.